Search For "the reserve bank of india"
Yes Bank to resume full banking services from today
Updated : 6 years, 3 months ago IST
New Delhi [India], Mar 18 (ANI): Yes Bank, on which the Reserve Bank of India (RBI) had imposed a moratorium, will resume normal operations from 6 pm on Wednesday.
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Equity indices fall sharply as COVID-19 pandemic batters global sentiment
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Mar 17 (ANI): Equity benchmark indices gyrated between gains and losses on Tuesday as mounting coronavirus cases and the biggest plunge in US markets in three decades gave ammunition to the bears while the Reserve Bank of India's steps to reign in volatility
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RBI to conduct another dollar/rupee sell-buy swap on Mar 23
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Mar 16 (ANI): The Reserve Bank of India (RBI) will conduct another six months US dollar/rupee sell-buy swap on March 23 to ensure that financial markets and institutions remain sound and resilient in the wake of deadly coronavirus (COVID-19), Governor Shaktikant
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Cabinet approves reconstruction scheme for crisis-hit Yes Bank
Updated : 6 years, 4 months ago IST
New Delhi [India], Mar 13 (ANI): The Union Cabinet on Friday approved reconstruction scheme for private sector lender Yes Bank as proposed by the Reserve Bank of India (RBI) and the moratorium will be lifted within three days after the notification is issued.
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RBI announces dollar-rupee sell-buy swaps as coronavirus spreads
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Mar 12 (ANI): The Reserve Bank of India (RBI) on Thursday decided to undertake six-month US dollar sell/buy swaps to provide liquidity to the foreign exchange market.
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NBFI challenges can intensify from Yes Bank restructuring: Fitch Ratings
Updated : 6 years, 4 months ago IST
Singapore, Mar 12 (ANI): Non-bank financial institutions (NBFIs) will likely face renewed pressure on funding and liquidity following the Reserve Bank of India's (RBI's) takeover of Yes Bank this month, according to Fitch Ratings.
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RBI assures depositors regarding safety of their deposits in banks
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Mar 8 (ANI): The Reserve Bank of India (RBI) on Sunday assured depositors that there is "no concern regarding the safety of their deposits in any bank".
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SBI team working on Yes Bank rescue plan, depositors' money safe: Chairman
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Mar 7 (ANI): State Bank of India's legal team has started due diligence as the public sector lender prepares to infuse Rs 2,450 crore to pick 49 per cent stake in the troubled private sector Yes Bank after being placed under administration by the Reserve Bank of
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RBI to start on reconstruction plan for Yes Bank within moratorium period:
Updated : 6 years, 4 months ago IST
New Delhi [India], Mar 6 (ANI): Union Finance Minister Nirmala Sitharaman said on Friday that the Reserve Bank of India (RBI) will bring in a reconstruction plan for Yes Bank within the moratorium period of 30 days so that the depositors do not face any issues.
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RBI announces draft revival plan for Yes Bank, SBI willing to invest
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Mar 6 (ANI): The Reserve Bank of India (RBI) placed in public domain a draft scheme of reconstruction for Yes Bank on Friday, a day after it superseded the board of troubled private sector lender with immediate effect.
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Equity indices plunge on weak global cues, Yes Bank crashes by 55 pc
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Mar 6 (ANI): Equity benchmark indices closed nearly 2.5 per cent lower on Friday after the Reserve Bank of India (RBI) placed Yes Bank under a moratorium and took over its board.
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Yes Bank depositors' interests will be protected: Govt
Updated : 6 years, 4 months ago IST
New Delhi/Mumbai (Maharashtra) [India], Mar 6 (ANI): The interests of Yes Bank depositors will be protected and the Reserve Bank of India (RBI) will soon put in place a mechanism to revive the capital-starved public sector lender, the government said on Friday.
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